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20130206
20130206
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CNBC 4
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
CNBC
Feb 5, 2013 9:00pm EST
much. i never thought i'd say that. >> and we found that the pentagon is saying it too. the defense advanced research projects agency, known as darpa, did its own analysis, and we obtained this internal memo that concludes there is: do you feel vindicated after all these years? >> i don't have any real need for vindication. i know what i've seen. >> that was a pretty big smile on your face, though. >> it is good. it's not bad. certainly, it's good. >> the pentagon is funding more experiments at the naval research lab in washington, d.c., and at mckubre's lab in california. we wondered what richard garwin would think of the defense department's appraisal. "the experiments leave no doubt that anomalous excess heat is produced." >> well, that's a statement. >> you just don't buy that. >> well, i am living proof that there's doubt. now, they can say that excess heat is being produced, but they can't say there's no doubt. all they can say is, they don't doubt, but i doubt. >> if you asked me, "is this gonna have any impact on our energy policy?" it's impossible to say, because we don't f
CNBC
Feb 6, 2013 12:00pm EST
of cash. he was very confident pentagon ab -- confident being able to self-fund the transformation and key to whether they attract new customers. as far as comp sales issues, he is coming up against significantly softer comps this year and you may see growth. antidotally we heard their holiday period was pretty good and were able to attract new customers and get some traction. >> finally, stacy, i wouldn't call it a potshot but a shot across the bow the shorts saying investors these days try to make money in what he called short artificial ways. deserved or not? >> i think that's -- that's the environment. there will be short term investors looking at this stock. he wants us to focus on long term. the short term reality is comps are down 30 something percent probably this quarter. the short term is what we have to look at. >> fascinating stuff today. thank you very much for your insight. we'll talk to you later. let's get back to headquarters and the halftime. >>> carl thank you very much. we go to the halftime show. the dow is down a point. one market watcher says the s&p will drop 200 po
CNBC
Feb 6, 2013 4:00am EST
consequences. the incident took place near disputed islands on january 30 but took time to verify. the pentagon says both sides ought to avoid any acts that might spark conflict. >>> meanwhile, china is promising to make sweeping tax reforms to narrow the rich/poor suicide. plans approved by china -- divide. plans approved by china says the rich might pay more. in companies, taxes could rise 20% by 2015. there's talk of giving savers a better return. it's for tilting toward more consumption than investment spending. >>> an expected pickup in china is giving a reason to be more optimistic after a challenging 2012. the company said the net loss widened to nearly $4 billion in the fourth quarter last year. but the biggest steelmaker by volume expects profits to pick up amidst improving conditions. in china alone the company sees the steel market growing 3%. and the stock up 2% as a result. >>> and syngenta trades are lower today. the company reported full-year net profit of $1.8 billion. that was ahead of a reuters forecast. it expects another record sales year citing strong commodity prices. so w
Search Results 0 to 3 of about 4 (some duplicates have been removed)